ExpertOption Review-Guide to Entering the ExpertOption Platform

Company Name: ExpertOption Limited
Website: www.expertoption.com
Location: Saint Vincent and the Grenadines
Address: Griffith Corporate Centre, 1510, Kingstown, Suite 305, Saint Vincent and the Grenadines
Founded in: 2014
Regulation: VFSC and IFMRRC

Minimum Deposit: $50

ExpertOption is a trading platform based in Vanuatu that is compliant with the country’s financial regulations. It has been awarded as the best trading platform in a trading exposition in 2017. This is understandable because of its easy-to-use and smoothly navigable interface. Every tool a trader needs to deal, withdraw funds, and replenish accounts is within reach.

ExpertOption is also available globally, with a few exceptions. It also supports thirteen languages aside from English, thus enabling users to choose their preferred language. This way, they can trade comfortably and with confidence. And in case of traders require assistance, they can visit the platform’s knowledge base or get in touch with their assigned account manager.

The broker is based in Rue Pastor, Port Villa, Vanuatu. If you have any inquiries you can reach them on email address help@expertoption.com and phone number +442038633160 for English services and +0008004430002 for Hindu services. If you have been stranded wondering where to start in binary options trading, Expert Option may be the place to be. This article will highlight some of the company’s prominent features, and why they have proven to be reliable.
Trading Platform
​Unlike other brokers that use turnkey ​platforms such as TechFinancials or SpotOption, ExpertOption developed its own custom ​platform to cater to the needs of their clients.  Lightning fast execution, accurate price feeds, and weekend trading are all advantages of the ExpertOption platform.

Once inside the platform, the biggest focus will be the main graph in the middle, which shows the prices of your chosen asset in real-time.  You can hover your mouse at any point in the graph to see the previous price at any point.
High Trading Volume
To start, Expert Option is available for trading on a 24-hour basis. As such, traders around the globe can trade at any time of their convenience. Moreover, the company claims to invest in the latest technologies to ensure fast trading with no delays in order executions and lags in the user interface. Therefore trading with this broker remains swift and fast allowing multiple operations.

Similarly, the company takes pride in having over 30 million trading deals executed monthly. Their clients come from 150 different countries. On that account, the trading volume of the company is very high an indication that it is a legit trading platform.

Social Trading

ExpertOption has created a social trading feature that allows you to study trading strategies from experts around the world. With this company, you can study how to trade from Facebook, Instagram, Twitter, and YouTube. The company has invested in all these social media platforms to make sure they capture all their customers. Therefore, with social trading, you can easily learn and interact with friends and trading gurus.

Opening an Account at ExpertOption
The minimum deposit needed to open an ExpertOption account will vary based on your chosen account type, but the absolute minimum is $50. ExpertOption also has KYC procedures in place to verify your identity to prevent fraud and money laundering.

Most of the time, ExpertOption asks new clients to submit documentation verifying both their identity and address.

The broker does not list specific requirements on its website regarding these documents, but it is safe to assume that ExpertOption has the same requirements as other brokers. The proof of identity most likely needs to be government-issued and include your photo, name, and birthdate at a minimum.

The proof of address likely needs to be an official document or bill with your name and address clearly displayed.

Account Types and Minimum Deposits
While many brokers only offer a single account type for clients or possibly two, ExpertOption has an exceptional range of accounts.

It is also interesting to note that instead of creating account tiers based on verification levels as many brokers do, ExpertOption creates tiers based on the size of your investment, with the ability to upgrade to a higher account level.

There are five types of accounts available from ExpertOption, with each adding benefits but increasing the minimum investment.

The Basic account only requires a deposit of $50 but lets you upgrade to a higher status when you are ready to do so.
Silver accounts are the most common starting point, requiring a $500 minimum deposit.
Gold accounts start at $2,500, and Platinum accounts start at $5,000.
Exclusive accounts are by invitation only.

Funding / Withdrawal
There are a few ways in which you can fund your expert option account. No doubt the easiest way that clients will opt for is to use a credit or debit card. In terms of the card types that they accept, it is Visa, MasterCard and UnionPay.

The minimum deposit at Expert Option is the $50 that they have on their first level account. They also have a maximum deposit size of $3,000. This is probably to do with the payment processor limits imposed on them.

There are also various electronic money funding options should you prefer that. They accept payments via Neteller, Skrill, WebMoney, Qiwi Wallet, Yandex Money and Payweb.

If you want to withdraw money from your account, then the minimum withdrawal amount is $10. This is probably because of the fees involved in the withdrawal.

If you are withdrawing funds then Expert Option can only withdraw it into the same account that you funded with. This is in order to avoid concerns of money laundering.

Technical ​Analysis Tools
ExpertOption has a variety of technical analysis tools for you to use including four different chart types, eight different indicators, as well as trend lines.

Training and Education
​This broker has a variety of online educational resources to help its traders learn the basic of ​digital options.  These resources include video tutorials, online webinars, daily market analysis, and more.

Customer Support
​ExpertOption offers customer support in two languages, English or Hindi. You can contact their customer service team via email, phone, live chat, or through their contact form.  Support is also available 24/7 through their mobile apps.
​Here is their company contact information:

English Phone Number: +44 20 3868 3160
English Email Address: english@expertoption.com
Hindi Phone Number: 000 800 443 0002
Hindi Email Address: hindi@expertoption.com
ExpertOption LTD.
Suite 305
Griffith Corporate Centre
Beachmont
P.O. Box 1510
Kingstown
Saint Vincent and the Grenadines

Conclusion
Expert Option is still a fairly new player in the online options industry. Unlike most brokers who primarily target traders from Europe and Australia, ExpertOption seems to focus more on markets that span Asia, some parts of Europe as well as South and Central America. With over 7 million registered accounts, they’ve grown quite fast over the few years they’ve been around. This broker offers most features you’ll find in well established platforms. However, they try to differentiate themselves through the high 95% effective return, a huge list of cryptocurrencies and 5 different account types. Interestingly, the effective return claim is what has drawn the most complaints from traders. Overall, Expert Option is worth considering if you don’t mind fluctuating effective returns from successful trades. On the other hand, if you prefer trading in a more predictable and tightly regulated broker, we recommend you choose one of the CySEC or ASIC regulated brokers available
today.